Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
US Dollar/Costa Rican Colon (FOREX:USDCRC)
Countertrend Down (-85) - USDCRC is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid USDCRC?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDCRC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDCRC
The long-term trend has been DOWN since Aug 19th, 2022 at 661.99071
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 501.71006
The short-term trend has been UP since Apr 23rd, 2024 at 500.99750
Smart Scan Analysis for USDCRC
Based on our trend formula, USDCRC is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
501.22330 | 501.22330 | 499.27401 | 499.27401 | -1.94929 |
Prev. Close | Volume | Bid | Ask | Time |
501.22330 | 2024-04-23 21:01:42 |